Oil and gas contracts in Asia-Pacific registered a decrease of 39% in October 2021 with 69 contracts, when compared with 113 contracts in the previous month, according to GlobalData’s oil and gas contracts database.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The activity marked a decrease of 47%, when compared with the last 12-month average of 129 contracts.


Contract award activity in Asia-Pacific during October 2021

Looking at contracts by country, Australia led the activity in October 2021 with 14 contracts representing a 20% share of all the oil and gas contracts, followed by India with 12 contracts and a 17% share and China with 11 contracts and a 16% share. It saw a decrease of 30% over the previous month’s total of 20 contracts and a decrease of 13% when compared with the last 12 month-average 16 contracts in Australia.

Based on 12-month moving average, India took the top spot with 42 contracts, followed by China and Australia with 22 and 16 contracts, respectively.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Asia-Pacific’s oil and gas contracts by segment in October 2021

Looking at oil and gas contracts by segment in Asia-Pacific, upstream segment contributed the most in terms of the contracts awarded, with 43 contracts in October 2021, followed by midstream and downstream with 17 and six contracts, respectively.

Contracts by scope of work in Asia-Pacific during October 2021

During October 2021, the majority of the contracts awarded were in the procurement space with 32 contracts, followed by operations & maintenance and design & engineering with 26 and 18 contracts, respectively.

Methodology

All publicly announced contracts are included in this analysis, which is drawn from GlobalData’s oil and gas contracts database that provides insights into awarded and expired contracts globally.

More in-depth reports and analysis on all reported contracts are available for subscribers to GlobalData’s oil and gas database.